Global Application Control Market accounting a higher growth by 2016 – 2024
Zion Market Research, the market research group announced the analysis report titled ‘Application Control Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global Application Control Market: Overview
A security practice that restricts unauthorized applications from being executed by putting the data into risk is known as application control. The prime aim of the application control is to ensure data security and privacy between applications. They comprise authorization, completeness and validity checks, input controls, forensic controls, identification, authentication, and others. Business organizations opt for advanced security tools that are capable of monitoring and provide protection against networks from cyber threats. Currently, many companies depend on web-based, cloud-based, and third-party applications for efficient business operations. As they come from varied sources, it is hard for corporations to determine how secure they are. Hence, application control has come up as a better option that can assist to IT teams keeping the corporate data secure.
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Global Application Control Market: Growth Factors
The global application control market is driven by increasing the need for data protection, limitations of traditional security solutions and enforcement of application usage and data security policies. Application controls are used in the major application sectors such as banking, financial services, and insurance and are anticipated to grow in the coming years. Banks and financial institutions every day deal with storage and handling of the confidential data such as money transaction details, account numbers, payment information, credit card and debit card details; hence for the protection of such critical data, applications control is of utmost importance. Application control market also shows considerable growth in IT & telecom and healthcare retail sectors.
Global Application Control Market: Segmentation
The global application control market is categorized based on access points, component, vertical, and organization size. The access points are fragmented as mobiles or tablets, servers, desktops or laptops, and others. The components segment is classified as a solution, professional services, services, and managed services. Further, the vertical segment includes oil & gas, healthcare, IT & telecom, banking, financial services, and insurance (BFSI), government & defense, retail, and others. Furthermore, the global application control market is divided as large enterprises and small and medium enterprises.
Global Application Control Market: Regional Analysis
North America accounted for the largest market share in the global application control market owing to the presence of a large number of application control manufacturers. Asia Pacific is the potential market for application control; it offers largest growth opportunities due to bring your own device (BYOD); this is expected to boost the global application control market growth. This trend is becoming popular in small and medium enterprises, and large enterprises; as it provides large flexibility in working hours, it is anticipated to foster the global market. The usage of the portable devices provides protection against potential targeted threats positively enhancing the global application control market.
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Global Application Control Market: Competitive Players
The key players in the global application control market are Trend Micro, Check Point Software Technologies Ltd., Symantec Corporation, Arellia, Intel Security, MNM DIVE Methodology, Digital Guardian, AppSense, Symantec Corporation, LANDESK Software, CyberArk Software Ltd., Carbon Black, Inc., and HEAT Software USA Ltd.
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